2022
Exports
$53.5MWorld Rnk 25 / 148
Flag Rnk 156 / 1208
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$29.8MWorld Rnk 46 / 215
Flag Rnk 274 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $53.5M in Rock Wool, making it the 25th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 156th most exported product in Lithuania. The main destination of Rock Wool exports from Lithuania are: Poland ($17.3M), Latvia ($14.9M), Estonia ($6.78M), Russia ($3.62M), and Finland ($1.71M).

The fastest growing export markets for Rock Wool of Lithuania between 2021 and 2022 were Poland ($8.16M), Latvia ($2.68M), and Slovakia ($948k).

Imports In 2022, Lithuania imported $29.8M in Rock Wool, becoming the 46th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 274th most imported product in Lithuania. Lithuania imports Rock Wool primarily from: Poland ($16.1M), Finland ($2.03M), Netherlands ($1.9M), Germany ($1.86M), and Czechia ($1.49M).

The fastest growing import markets in Rock Wool for Lithuania between 2021 and 2022 were Poland ($1.75M), Netherlands ($851k), and Sweden ($559k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rock Wool. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.5M
IMPORTS (2022)$29.8M
NET TRADE (2022)$23.7M

In 2022, Lithuania exported $53.5M in Rock Wool. The main destinations of Lithuania exports on Rock Wool were Poland ($17.3M), Latvia ($14.9M), Estonia ($6.78M), Russia ($3.62M), and Finland ($1.71M).

In 2022, Lithuania imported $29.8M in Rock Wool, mainly from Poland ($16.1M), Finland ($2.03M), Netherlands ($1.9M), Germany ($1.86M), and Czechia ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Poland$8.16M (89.5%)
Latvia$2.68M (21.8%)
Slovakia$948k (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Lithuania WERE (2021 - 2022):
Belarus-$944k (-84%)
Ukraine-$941k (-52.8%)
Estonia-$916k (-11.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Rock Wool were:
In 2022, Lithuania's main importing competitors in Rock Wool were:

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $897k
TOP IMPORT POTENTIALGermany+ $765k

Rock Wool’s highest export potential is Germany. With an export gap of $897k.   Rock Wool’s highest import potential is Germany with an import gap of $765k.

See methodology.

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